Recent analysis from Michael Shlisky, CFA, analyst with Colliers Securities, who met virtually with Alamo Group’s new CEO Jeff Leonard, indicates Leonard has no plans to change Alamo’s current successful business strategy.
Alamo Group (NYSE: ALG) announced that it has acquired the assets of the Dixie Chopper business from Textron Outdoor Power Equipment. Dixie Chopper manufactures a wide range of commercial and high end residential mowing equipment.
Jacobsen, a turf maintenance company owned by Textron, recently announced its acquisition of Dixie Chopper. Dixie Chopper has struggled publicly the last few years with layoffs and frequent management changes.
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We’ve been busy over here in the Technology Corner preparing for the 10th annual Precision Farming Dealer Summit, taking place Jan. 6-7 in downtown Louisville, Ky. Skip Klinefelter, CEO of Ag Technology Solutions Group in Greenville, Ill., will be one of several speakers sharing their unfiltered perspective on the state of precision ag.